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Mandatory Reimbursement - Physician Contract Glossary

Mandatory Reimbursement

Definition

Employer's obligation to repay physicians for approved work-related expenses.

Examples in Context

"Employer agrees to reimburse the Physician within thirty (30) days after submission of receipts for CME, licensing fees, and required certifications."

"Physician shall submit reimbursement requests for qualifying expenses within sixty (60) days of the incurred expense."

Implications for Physicians

  • Ensures physicians receive timely repayment for costs like licensing fees, CME, and certification expenses.
  • Reduces out-of-pocket financial strain when covered costs are properly documented and submitted.

Negotiation Tips

  • Request clear language on reimbursement timelines (e.g., "within 30 days").
  • Ensure all reimbursable expenses are itemized in your contract.
  • Ask for a designated point of contact to resolve reimbursement issues efficiently.

Red Flags and Pitfalls

  • Unclear policies on what qualifies as a reimbursable expense.
  • Delayed reimbursements causing financial strain.
  • Employers requiring pre-approval but failing to provide a clear process for obtaining it.

Related Terms

FAQs

  • "How long should reimbursement take?"
    • Most employers process reimbursements within 30ā€“60 days of submission. Confirm this timeline in your contract.
  • "What if my employer refuses to reimburse me?"
    • Request written documentation stating the reason for denial and compare it to your contract terms. In unresolved cases, consult legal counsel.
  • "Do I need prior approval for expenses?"
    • In most cases, yes. Ensure your contract outlines the approval process clearly to avoid disputes.

Legal Disclaimer

The information provided in this glossary is for educational and informational purposes only and should not be construed as legal advice. While we strive to provide accurate and up-to-date information, this content is intended to help physicians better understand common contract terms and does not replace professional legal guidance.

For personalized advice regarding your employment contract or other legal concerns, we strongly recommend consulting with a qualified attorney who specializes in physician employment contracts.

You can find experienced legal professionals through our Physician Contract Lawyer Directory.